The Concept of Entreprenuership

It is the transforming or innovating the effective use

of resources into profitable business.

• Entrepreneurship

• Economics

• Culture

• Art

Choose the 2 purposes of Entrepreneurship

• For Customers, to create products that are not useful

• For Customers, to meet their needs in their everyday living

• For producers, to provide service to the customers and gain a profit in return

• For producers, to provide service to the customers and gain goodwill in return.

Entrepreneur is the person who uses available____ to create new goods or services.

Choose the best answer.

• money

• resources

• time

• people

The greater the number of businesses, the lower the government can collect taxes.

• True
• False

Entrepreneurship creates more businesses for the country.

• True

• False

Entrepreneurship creates _____.

New Products and Services need workers to do the job.

• Entertainment

• Education opportunities

• Job Opportunities

Creating jobs for the country reduces__________.

• Unemployment rate

• happiness

• taxes

Entrepreneurs promote the growth of _____ through

creating business or enterprise within their community.

• Local

• International

Entrepreneurship contributes to local and national happiness

due to positive impact to ______.

• Culture

  Development

• Language

  Development

• Economic

  Development

Entrepreneurship improves the ____ with locally sourced

options that offer lower prices.

• Standard of

  Living

• Standard of

  Prices

• Standard of

  Government